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The chapter explores the concept of risk, questioning whether it can be measured and distinguished between objective and subjective risk. It emphasizes the importance of scientific measurement through statistical analysis while addressing the challenges faced in defining perceived risks. The discussion concludes by posing significant questions regarding the implications of risk evaluation on safety and preparedness.
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References
2 part d.pdfClass Notes
Memorization
What we have learnt
Final Test
Revision Tests
Term: Objective Risk
Definition: Risk that is measurable and can be quantified based on facts and statistical data.
Term: Subjective Risk
Definition: Risk perceived individually and may not have a scientific basis; often influenced by personal beliefs or cultural factors.
Term: Statistical Analysis
Definition: A mathematical method used to ascertain the probability and impact of risks based on collected data.